PNUT funding rate explained
Right now Peanut the Squirrel (PNUT) perpetual futures trade on 10 exchanges we track. The highest funding is on Hyperliquid at +0.030% per day, the lowest on Aster at -0.081%. The average across all venues is -0.012% per day, or about -4.4% a year. Negative funding means PNUT shorts are paying longs — the market is leaning short.
The gap between the highest and lowest venue is +0.111% per day. A delta-neutral position that shorts PNUT on Hyperliquid and goes long on Aster would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live PNUT arbitrage page for the price side of the trade.
Settlement intervals differ: PNUT funding is paid every 1 hour and 4 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: PNUT arbitrage · Peanut the Squirrel price · funding rates for all coins.